Bitcoin is now 1.2 trillion, accounting for 53%, which means that the market value of small coins is 1.06 trillion.
At the peak of the last bull market, the market value of big coins was similar to that of now, and the market value of small coins increased from 20 million to a total market value of 1.2 trillion.
Even so, the market in the last round could not bear the selling pressure of small coins. If you want small coins to increase 10 times in this round, who will take over the 10 trillion altcoins? And what kind of incremental funds will pull small coins to 10 trillion?
So now for institutions, the cost-effectiveness of buying big and second cakes is much higher than that of small coins. I think it makes sense. Like it.